Oil exporting countries typically have relatively low costs of production, but very high taxes. These taxes are necessary, because governments of oil exporters tend to be very dependent on oil companies for tax revenue. If the price of oil drops, the most adverse impact may be on tax revenue...
"The gasoline market would be capable of cratering crude oil even if the OPEC+ chaos was not leaning on (the) price. If you don’t need the gasoline, you don’t need the crude oil to make gasoline," Yawger said. After energy firms added a surprise 0.8...
Canada's Northwest Territories will use challenges presented by climate change and the current oil-price slump to build infrastructure and craft legislation on environmental assessments and hydraulic fracturing so the province is ready when the resource sector rebounds, Premier Bob McLeod told Bloomberg ...
The actual change in overall consumption spending in response to the oil price decline through March of last year was about 0.4% smaller than would have been predicted on the basis of the historical correlations. But we see something different when we look at the behavior of individual ...
Egypt, Kenya and Pakistan - debt-laden importers that have relied on foreign funding in recent years - would take a hit if Gulf producers, such as the UAE, closed their chequebooks while weathering a price decline. Lower oil prices could also delay the transition from fo...
As of March, Japan's core consumer price index has risen year-on-year for 31 consecutive months, but this round of inflation has not been accompanied by a surge in domestic demand. In fact, pay rise in Japan has failed to keep pace with the soaring prices, while real wage income has ...
Max Offer Price as of Jan 31, 2025 $9.08 Turnover Percent in the Annual Report as of Sep 30, 2024 134% Portfolio Characteristics Number of Holdings as of Dec 31, 2024 1,466 Alpha (3y) as of Dec 31, 2024 -0.01 R-Squared (3y) as of Dec 31, 2024 93.13 Beta (3y...
A deal deluge typically follows an oil-price collapse—but hasn’t always created value. Past cycles teach that deals enabling players to lower costs will probably be most valuable in today’s volatile oil-price world. (PDF-686 KB) Unlike what happened during previous oil-pric...
Nonetheless, Nicolaisen pointed to four key reasons why current oil prices are too low: 1、The current price doesn’t incentivize investments in new supply. “At 90 mbbl/d, we still believe oil prices need to be higher,” he said. ...
Max Offer Price as of Feb 20, 2025 $9.07 Turnover Percent in the Annual Report as of Sep 30, 2024 134% Portfolio Characteristics Number of Holdings as of Jan 31, 2025 1,444 Alpha (3y) as of Jan 31, 2025 0.00 R-Squared (3y) ...